How to Prepare for Banking Entrance Exams in India

The banking industry is one of the most popular and competitive industries in the Indian job marketplace. With the increasing demand for banking jobs, the number of aspiring candidates has also boomed. More than two million candidates appear for bank exams in India attempting to acquire a suitable banking position. There are several types of bank exams in India, including Common Written Examinations (CWEs).

There are a series of CWEs that are accredited by the Institute of Banking Personnel Selection (IBPS). The exam is considered a prerequisite for suitable banking positions such as management trainee, probationary officer, banking clerk, specializing officer, and much more.

This examination is valid for a number of rural and regional banks and 21 publically recognized banks such as IDBI and the Bharatiya Mahila Bank (BMB). Passing this exam is imperative as it is the first step in your banking career.

After thoroughly researching these examinations and banking recruitment patterns, we have come up with some essential tips that might help you in successfully passing the bank exams.

Make A Careful Bank Job Selection

Similar to other government organizations and corporate enterprises, the banking sector is ripe with several job opportunities and positions. Each of them has set criteria to be met and an examination to be cleared. You should carefully select the job position you are applying for. Your resume, skills, and experience should meet the job description and expectations of the recruiting manager of the bank. Create a precise, informative resume that completely focuses on the job position you are applying for.

Be Thoroughly Prepared For The Examination

As discussed earlier, most job positions in the banking sector require candidates to pass only one test out of the series of Common Written Examination (CWEs) that are available. Selecting the most suitable CWE depends on the job position that you are applying for.

The Institute of Banking Personnel Selection (IBPS) conducts the examinations and can further assist you with the test selection procedure. The test score is good to apply to most banking organizations that are operating in India; however, the minimum obtained score criteria may vary.

The Common Written Examination comprises of several sections, which include general reasoning, quantitative reasoning, an aptitude test, numerical reasoning, IT and computer skills, English language proficiency, and general knowledge. There are various sources available online that offer a detailed outline of the examination.

The CWEs for probationary officers and clerks are conducted two times a year, and the examinations for specialist officers are conducted only once a year. Therefore, it is vital that you are well informed and prepared in advance to apply and confirm your seat for the respective examination. You normally have ample time to prepare for the examinations.

Personal Efforts In Exam Preparation Is A Must

There’s high competition in the banking job market. Personal efforts are paramount, no matter what source you use to prepare for the examination. You can follow the tips below for preparing yourself for the CWEs.

· Understand the examination structure to develop a comfortable learning structure. · Develop shortcuts and precise techniques to answer test questions accurately within the set time frame. · Boost your confidence with repetitive learning and regular question/answer practicing. · Keep gathering relevant information regarding new job openings and upcoming examination dates so that you are well aware that the exam you appear for is relevant and apt. · You may also purchase bank exam books online. · Acquire guidance from preceding question papers, former exam candidates, prevailing testing trends, and exam news so that you know you are on the right track.

A thorough pattern for self-study will surely lead you to a successful examination outcome.

Do Not Hesitate On Seeking External Help

Every location in India has a couple of coaching and teaching centers that offer assistance in preparing for bank exams. Their tuition fees range from anywhere between Rs. 6,000 INR and Rs. 10,000 INR, depending on their popularity and associated mentors. These coaching institutes offer study material and relevant online resources for self-study. The tutors are experienced and provide one-on-one assistance for solving queries. They also offer mock tests to boost your self-confidence for the final examination.

Bank exam preparation is absolutely vital due to the increased competition. Following the above tips and strategies will surely help you on your career path. If you find our information relevant and helpful, please leave us a comment.